Leadership from the New York Credit Union Association met last week with NCUA Region 1 Director Larry Blankenberger to discuss the agency’s restructuring plans and a wide-range of issues impacting credit unions.
As previously reported in The Point, Association leadership previously held a conference call with NCUA Executive Director Mark Treichel to discuss the agency’s plans to close its Region 1 offices and consolidate other operations. The meeting with Blankenberger was a continuation of that discussion, which focused on how the agency’s plans to close its Region 1 offices could impact New York credit unions.
During the meeting with Blankenberger, Association staff also raised compliance questions about pending regulations, with a focus on the Military Lending Act and Home Mortgage Disclosure Act.
“Our discussion with Larry Blankenberger was another productive and informative meeting, and I thank the director for taking the time to share his insights with us,” said Association President/CEO William J. Mellin. “As NCUA moves forward with its reorganization plans, the Association will continue to engage our regulators and ensure New York’s credit unions are considered in the process.”